The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-09-17

Market steady
a p MIXTURES; Uplands, low midding
clause, September delivery 3 2i-64d SELLERS
September and October l3-64d. buyers; Octo
Der and November 9-64d. buyers; November
and December sod, sellers; December and
January S.64d sellers; January and February
5 Sold, sellers; February and March 5 S-6id,
buyers; March and April i064d, buyers; April
and Mays I2-6id. buyers. Market closed steady
New YORK, Sept. 10, noon.-Cotton steady;
middling upands 1880, middling Orleans
Q lS-l6c, sales $40 bales.
Futures-The market closed steady, with sales
as follows: September delivery 3Sc, october
q Doc, November &c, December . &c, January
0 Sac, February o lie.
$500 p. m.-Market closed steady; middling up
lands l3-l6c, middlng Orleans l5-l6c; sales
to-day 4SO bales; net receipts none, gross none
Futures--Marlket closed steady, with sales of
81, 400 bales, as follows: September delivery
40GD9 Ale, October Q 5000 Sic, November "
D9 sSc December 2SlDa a9c, January 35Gl
Soc, February i36l9 dc, March 5ac, April
Ole, May bSG09 69c, June 1908 nc, July
SlQ9 SIC.
Green & Co.'S report on cotton futures says
Some little additional pressure was placed
upon September but with less force and shorter
duration than yesterday, and on the whole the
market was steadier. AT best, however, 1t has
been only swapping business in exchanging
near for later options and the actual feeling of
an undecided character, preventing anything of
Importance in the way of really new business,
Crop a(lvices as o rule are inclined to an I'M
favorable tenor, but receipts at the ports have
plleu up liOeiallN ana the week $ review OF the
interior movement shows very full figures"
Weekly net receipts l bale, gross ,o65 bales;
exports, to Great Britain 2,o35 bales. to the
continent 1850, forwarded GSl, sales Gall to spin
neISl SAG bales, stock y, 132 bales,
GALVESTON, Sept. l6.-Cotton steady; middling
l-l6c.
NORFOLK, Sept. 16,-Cotton steady; middling
5-lBc.
BALTIMORE, Sept 1G.--Cotton nominal; mid.
BosroN, Sept. 1e-Cotton quiet middling
l0c.
wuM1SeroS, Sept. 1e.--cotton firm; mid
PHILADELPHIA, Sept 16.-Holiday
New ORLEANS, Sept. l6.-Cotton firm; mid
ding l-l6c.
MOBILE Sept l6.-Cotton quiet middlng &c.
MEMPHIS, Sept. l6.-Cotton steady; middling
AuausrA, Sept. l6.-Cotton firm; middling
l5-l6c
.CnARIEsroN, Sept 16.-Cotton steady; mid
ding lido.
MONTGOMERY, Sept, 16.-Cotton firm; middling
S5sc,
Macon, Sept 16-Cotton quiet; middling
COLUMBUS, Sept. 16.-Cotton quiet; middling
sac
NASHVILLE, Sept 16.-Cotton quiet middlmg
&c.
SELMA Sept. 16.-Cotton steady; mddling SIC.
ROME Sept. 16.-Cotton steady; mddling S1sc.
New roR&, SEPT. 1B,-Consolidated net receipts
for all cotton ports to-day 2S,3l1 bales; exports,
1850 bales; stock at all American ports not
given.
PROVISIONS, GROCERIES, ETC.
LIVERPOOL, Sept. IS, 12:3op m.-wheat steady,
with fair demand. Corn dull, with poor de
mand. Pork, prime mess 75s Lard, prime
New YORK. Sept. 10, noon.-Flour quiet but
steady. Wheat better. Corn easier. Pork dull;
mess S16 80. Lard weak at So M. Freights
quiet. Old mess pork dull at Sl5 30.
300 ID. m.-flOur. Southern steadV. Wheat
options opened steady, later declined 409sc,
closing firm, with recovery of 1S6ll4c; cash
shade lower and less active, Closing steader;
No. spring 7Sc; Mo- red, September delivery
7Sl9697o3Sc; October s07914c, November S014
DSl l-l6c. Corn, options l6@9sc lower, closing
steady; spot declined about 1ic, leading to
soc; October 495SG050c November 504Q509sc
Oats shade lower and paratively duh;
No. 2, September delivery 324c, October 32A
G13214c Hops quiet and weak. Coffee, fair Rio,
ON spot nominal at 1919c; options more active
but 5000 points lower; No. Rio, September
delivery II Zoe; October delivery II 252l7 35c;
November II 356117 G0c. Sugar dull and easy;
fair refining quoted at 4iRc; refined closed
at BIC for crude, 400421ac for rettned.A Hides
dull Wool quiet ana weak; domestic fleece ~
G35c pulled l4@SSc Texas 9@21c. Pork firm
and more active; mess S15 30 for old, Sl6 80 for
new. Beef dull Middles dull and nominal
Lard 30l4 points lower, with moderate stir to
trading; Western steam, on spot SB 70, Sep
TENDER delivery % 699s7l, October " 089
II, November So G3GD6 81. Freights closed
firm; cotton 96fd, grain lEW2d.
CHICAGO. Sept. 16.-The tremendous slide in
short rib prices was the chief sensation on
Change to-day Ribs have been Armours play
thing this season. The idea got abroad that
they were surely going to lOc. Perhaps they
are but tailers who have been catching on got a
bad shaking out this morning when October
ribs which have been selling at So 90, took
drop to S. 10 before noon. Next to ribs, wheat
was the centre of interest the first two hours,
and there was really good speculative feeling
in the pit. October opened at 6S56c, sold to
6914c, while December touched re Shortly be-
fore noon there was reaction which took
prices slightly under yesterdays closing. Corn
opened weak. and futures dropped suddenly
about &c. Thus before noon the provision
crowd, the wheat crowd and the corn crowd
each in its turn showed considerable activity
and added to the excitement of the session.
which was quite in contrast with the Indifferent
quiet of the past few days and weeks. october
wheat sold at 6S1sc TO open, touched at 6S14c,
reacted, and with O very good feeling advanced
70 694c About noon October again sold back
to 6S5sc and steaded to CO. Corn opened quiet,
but before noon IL was MAXIM Things lively for
the anxious crowds OF traders, aad the decline
of the market was second only to that in short
ribs. Liverpool advices were very discourasing
TO holders October opened al 42c, aud sold up
to 42l2c. Under liberal offerings OF long corn
there was q gen raj weakening October
dropped sharply from f21sc TO ilP5c After
steadying for a time It went TO 4i9sc, and re-
tcleu sllSuIlg 10 flb1c, LOiiOWed ny unDInef ieJ
down TO 4l14c. and at p. m rested at 4l36lb
4134c under best prices of morJing. The fnal
price in the afternoon WAS 4iL,i:. May opened
at Sic sold at 4jc, then up To 45l4c, and de-
clined with October to 4416c. The secret Of the
sharp decline in corn appears to be the selling
by longs. who had taken October in anticipa-
tiOn OF a slight squeeze, Oats ranged AG13sc
lower for everything but September, which did
not change materially. September is in some
demand rom shorts and offerings light. Provis-
ions were decidedly active esp eciay short ribs
The market for that product was unsettled and
during greater portion OF the
day. and fluctuations were wild and frequent.
Offerings were liberal, and early sales were
made ~ 7l601Oc decline, which was followed
by further reduction of SC. At this point the
market rallied i0c, but soon recede1 i3n3Oc.
Toward the close the m lr1et was steader, and
prices advanced 10l126c and the market
closed tame. Trading was chiefly in October
delivery.
Cash quotations were as follows: Flour
steady Wneat, No. spring o. 8l1B75sc; No.
3 spriny wheat Csc; No. red 10 ask ID
Corn, No. ?, 4lAc. Oats, No. =, sj,sc. Mess
lbs, 81 s7I6. Short rib sides, loose, 81 IS. Dry
sdlte a Shoulders, boxed, s. SO -; short clear
side, boxed, IS 5oGDS 90. WHISKY ii 10.
Leading futures ranEsi as follows:
Opening. Hlsasst. Closing.
ssS' d %iiII'yssy 50 e. g.